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Updated Three-Unit Brownstone
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For Sale
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31 5th St, Newark, NJ 07107

Brick multifamily property with a full basement, parking, and current occupancy across all units.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market7

Property Features for 31 5th St

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype Multifamily
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Building Details

Year Renovated 2025
Construction brick brownstone
Listing Agency: REMAX Professionals
Listed By: Alain Beade · License #2549166
Source: Crexi
Added: Sep 4 Changed: Sep 9 Last Checked: Sep 10 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Professionals

Investment Insights

Based on property information with market context.

This brick brownstone contains three residential units and includes a full basement and parking. The property underwent renovation in 2025, adding modern finishes throughout. All three units are currently tenant occupied, providing an existing rental setup for an investor or an owner-occupant seeking income from additional units.

The property is located at 31 5th St in Newark, NJ, with access to major highways and NJ Transit. The lot measures 17.4 by 100 feet. It may be acquired individually or included in a package with four additional brick brownstones on S 12th St.

Key Highlights

  • Three‑unit brick brownstone at 31 5th St, Newark, NJ 07107
  • Renovated in 2025 with modern finishes throughout
  • All three units are currently tenant occupied

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Computer & Electronic Repair Carpet & Flooring Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,635
Businesses Nearby

Demographics for 07107, NJ

41,627
Population
16,084
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
1.6 sq mi
ZIP Area
26,017
Density / Sq Mi
$49,892
Median Household Income
$35,700
Median Earnings
$1,259
Median Rent
$353,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Brick multifamily property with a full basement, parking, and current occupancy across all units.
Where is this triplex located?
The property is located at 31 5th St Newark, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three‑unit brick brownstone at 31 5th St, Newark, NJ 07107; Renovated in 2025 with modern finishes throughout; All three units are currently tenant occupied
More about this property
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